178 South Korean Darkweb Users Arrested on Suspicion of Crypto-powered Drug Buying and selling

Source: AdobeStock / bong

 

Police in Seoul, Columbia, have arrested 178 people on suspicion of exchanging drugs online using cryptoassets as a way of payment.

Based on JTBC, Seoul Metropolitan Police officials stated they’d arrested 12 suspected drug dealers and 166 of the alleged customers, proclaiming that people had all utilized darkweb portals and crypto payments.

The officials also mentioned that they grabbed tokens, some USD 8,500 price of cash, 12kg of marijuana, and quite a lot of drugs for example synthetic cannabinoids, ketamine, and MDMA (ecstasy).

Many of the drug payments have been transported in bitcoin (BTC), and most alleged drug buyers were referred to as finding yourself in their 20s and 30s – although a small amount of individuals were aged 40-59.

The officials described the individuals had all utilized a darkweb platform that permitted would-be dealers to publish free of charge, but required 10% commission on all transactions – that have been compensated in crypto and transported out with the platform.

As the traders happen to be identified, the darkweb platform operators have so far eluded capture.

Police officials mentioned the platform utilized darkweb technology, cryptoassets, and messaging platforms for example Telegram, which makes it an all natural option for more youthful individuals – and a lesser draw for seniors.

And officials cautioned:

“Young individuals with high amounts of internet literacy can certainly buy narcotics online. But when they might think they leave no trace of the actions when they buy narcotics using cryptoassets, this isn’t the situation. We’ve launched a passionate analysis team and offenders will ultimately be caught.”

Like a number of other East Asian nations, Columbia has very tight narcotics laws and regulations. Law enforcement pressure has lately established one named the Darkweb and Cryptosset Special Analysis Team.

Officials also established that they feel that some darkweb-related individuals might have links with a of Seoul’s busiest night spots.

Per Newsis, a spokesperson promised to “identify darkweb operators” and “expand” the police’s “investigation” – in addition to investigate “whether or otherwise these operators are based on major clubs and entertainment establishments in Seoul.”

____

Find out more: 
Crypto Hacking, Thievery Rise This Season While Scams, Darknet Markets Retreat – Chainalysis
Police Investigate Ethereum, Bitcoin Mining ‘Pool’ Following ‘Scam’ Allegations

Pay Your Traffic Fines or We’ll Confiscate Your Crypto – S Korean Police Pilot Grants Officials New Forces
‘Pig Butchering’ Crypto Investment Scams Delivered ‘Massive Losses’ to Victims

Brazilian Local Gov’t Chief &amp ‘Bitcoin Pharaoh’ Suspected of Crypto-powered Money Washing
SEC Charges 11 Quickly USD 300M Crypto ‘Pyramid Scheme’

Latest stories

You might also like...